Question

Someone please help! medal!

What is the premium of a $156,000 insurance policy if the rates are as follow:

$1.23 per $1000 for the first $40,000 of insurance
$1.20 per $1000 for the next $40,000 of insurance
$1.15 per $1000 for any amount over $80,000 of insurance

Answer 1

@iGreen

Answer 2

i really need help

Answer 3

to be hones i think it would be set up as the 1.23 times the first 40 then the 1.20 times the next 40, then the same on till u add up to ur 156,000. thats the best i can think of honestly i havent studied in that feald yet